by meridith dennes | Jul 28, 2026 | Layoffs, News
Lazard just did something that’s easy to read the wrong way. Read as a standalone story, an 80-plus managing director reduction alongside a 91% drop in quarterly net income looks like trouble. Read in context — a record dealmaking market, a firm mid-turnaround,... 
by meridith dennes | May 27, 2026 | News
JPMorgan Chase’s decision to roll out artificial intelligence tools across its global investment banking operations is the latest and most visible signal that AI has moved from experiment to infrastructure on Wall Street. But to understand what’s really... 
by meridith dennes | May 19, 2026 | Compensation Trends, News, Summer Internships
Why AI will make investment bankers more efficient — not redundant — and what that means for how they get paid Introduction: A Philosophy Built in the MIT AI Lab Dave Blundin is a serial entrepreneur, MIT-trained artificial intelligence pioneer, and the Founder and... 
by meridith dennes | Mar 5, 2026 | Buy Side, News
Blue Owl Capital: Private Credit's Reckoning Moment ℹ Blue Owl stock under pressure, down ~60% from Jan 2025 peak · Blackstone reports elevated withdrawal requests from lending fund · Hedge fund Rubric Capital warns of asset-liability stress in private credit · ... 
by meridith dennes | Jan 16, 2026 | News
The narrative coming out of bank earnings this week isn’t about weakness in investment banking—it’s about where the strength concentrated. JPMorgan’s 5% year-over-year decline in fourth-quarter investment banking fees caught the headlines and sent... 
by meridith dennes | Jan 14, 2026 | Interviewing, News
Bank earnings show a Q4 timing shift, not a confidence problem JPMorgan’s 5% year-over-year decline in fourth-quarter investment banking fees was the number that caught everyone’s attention. The stock dropped nearly 3% despite an overall earnings...